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HomeMy WebLinkAbout1983-11-29 CC MIN Special Meeting• • COUNCIL CHAMBERS Stillwater, MN SPECIAL MEETING November 29, 1983 6:30 p.m. The meeting was called to order by Mayor Peterson. Present: Councilmember Avise, Bodlovick, MacDonald and Mayor Peterson Absent: Councilmember Kimble Also Present: City Coordinator, Kriesel Finance Director, Caruso IDR BONDS - CUB FOOD STORES • Tom Thueson appeared before the Council to request setting a hearing date - for the issuance of $5,500,000 in Industrial Revenue Bonds for the construction of a new Cub Food Store. Mr. Thueson informed the Council that the financing for the new store would be $5,500,000. The new store would be 28,000 square feet larger than the existing store and would create 173 additional jobs. Mr. Thueson also said that the IDR Bonds would make the project economically feasible. Mr. Kriesel told the Council that the city had to give approval for the bonds. However, these were not General Obligation Bonds and would not be backed by the full faith and credit of the City. On motion by Councilmember Bodlovick, seconded by Councilmember Avise,-a resolution was introduced "RESOLUTION RELATING TO A PROJECT UNDER THE MUNICIPAL INDUSTRIAL DEVELOPMENT ACT; CALLING FOR A PUBLIC HEARING THEREON". See Resolution ►7270. Ayes: Councilmembers Avise, Bodlovick, MacDonald and Mayor Peterson. Nays: None. Absent: Councilmember Kimble. 1984 BUDGET Ms. Caruso explained the revised budget to the City Council. Ms. Caruso said that the budget had been revised based on earlier discussion with the Department Heads. The revised recommended General Fund ending balance (12/31/84) was $412,318. This was a $120,076 improvement over 12/31/83. Ms. Caruso also presented cash flow projections for 1984. The projections indicated that the City would not have any borrowing needs in 1984 for general operating expenditures because of surplus funds in the Debt Service and Special Assessment Funds. Ms. Caruso said that the City would have to monitor its cash flow very closely for 1985 because surplus Debt Service and Special Assessment Funds may not be available during 1985. Mr. Kriesel told the Council that there were two requests for additional Capital Outlay items: Public Works requested $2800 for a fork lift attachment and the Parks Department requested $3500 for improvements to Meadowlark Park. The City Council asked Mr. Kriesel to have the respective Department Heads to justify the requested increases. PART TIME FIREFIGHTERS COMPENSATION On motion by Councilwoman Avise, seconded by Councilman MacDonald, the Council moved to set the regular shift pay for part time firefighters at: Engineer $ 6.50 Captain 7.00 Assistant Chief 7.50 All in favor. PARKING METERS Mr. Kriesel said that he had received a request for ten additional 10-hour parking meters in the Auditorium Parking Lot (similar to last). On motion by Councilmember Bodlovick, seconded by Councilmember Avise, the Council moved to put in ten additional 10-hour parking meters in the Auditorium Parking Lot from December 1, 1983 to May 1, 1984 and to allow free parking in all metered areas from December 1, 1983 to January 2, 1984. All in favor. TIME EXTENSION FOR WATER MANAGEMENT ORGANIZATION Mr. Kriesel told the Council that a time extension would have to be obtained from the Metro Council for the development of a Water Management Organization for the planning and management of the Brown's Creek drainage area. Mr. Kriesel said that a time extension would also be needed for the Middle River drainage area. The City of Bayport was requesting an extension on behalf of the Middle River drainage area and Mr. Kriesel said that the City of Stillwater should request an extension for the Brown's Creek communities. • • November 29, 1983 On motion by Councilwoman Avise, seconded by Councilwoman Bodlovick, the Council moved to adopt a resolution requesting a time extension (to July 1, 1984) for the development of a Water Management Organization for the Brown's Creek drainage area. Ayes: Councilmembers Avise, Bodlovick, MacDonald and rayor Peterson. Nays: None. Absent: Councilmember. Kimble. RESOLUTIONS The following resolution was read and upon roll call taken, was unanimously adopted: "RESOLUTION RELATING TO A PROJECT UNDER THE MUNICIPAL INDUSTRIAL DEVELOPMENT ACT; CALLING FOR A PUBLIC HEARING THEREON". (Resolution #7270). ADJOURNMENT The meeting was adjourned at 8:15 p.m. Attest: City Clerk �' •M or 7iga