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MINUTES OF THE SPECIAL MEETING <br />CITY COUNCIL <br />LITTLE CANADA~ MINNESOTA <br />June 3, 1986 <br />Pursuant to due call and notice thereof a special meeting of the <br />Council of the City of Little Canada, Minnesota was held on the <br />3rd day of June, 1986 in the Council Chambers of the City Center <br />located at 515 Little Canada Road in said City, <br />MEMBERS PRESENT: Mayor <br />Councilman <br />Councilman <br />Councilwoman <br />Councilwoman <br />ALSO PRESENT: City Clerk <br />City Engineer <br />Engineer <br />City Accountant <br />Duran & Moody <br />Acting Recording Secty, <br />Mr. Michael Fahey <br />Mr.William Blesener <br />Mr. Rick Collova <br />Ms. Mugs Nardini <br />Mrs. Beverly Scalze <br />Mr. Joseph Chlebeck <br />Mr. Donald Carley <br />Mr. Ewald Biese <br />Mr, Robert Voto <br />Mr. Robert Sanders <br />Mrs. Beverly Jespersen <br />Mayor Fahey opened the Work Shop concerning the Financing Plan for <br />the Storm Sewer District and the Accountant's Management Report <br />and Recommendations Eor the City of Little Canada, <br />Mr, Voto presented to the Council an <br />for the Storm Sewer District which <br />study made by Carley Engineering. <br />plan which would include storm s~ <br />restoration, and curb and gutter. <br />Improvement Projects, Special <br />Participation, Construction Costs, <br />Mill Rates. <br />exhibit of the Financing Plan <br />he compiled from the drainage <br />This is an overall financing <br />~wers, street repair, street <br />This presentation included <br />Assessment Projects, MSA <br />Bond Issues, Tax Levies and <br />Under this plan the financing sources for these projects would be <br />as £ollows: <br />Storm Sewer Bonds 51,400,000 <br />MSA S 340,000 <br />Special Assessment (4299) S 520,000 <br />During the course o£ the presentation the Council discussed with <br />Mr, Voto the mill rate, which would not go up under this plan. <br />They questioned why the Spooner Park property was not included in <br />the plan. Mr, Voto explained that he did not include the park <br />because the City does not know the exact amount of the purchase, <br />and it is not known at this time when the School District will <br />sell this land. Some of the park money would be used for part o£ <br />the purchase, However, the Council could modify the bond figures <br />if the park comes up. Mr, Fahey was in favor of adding 5100,000 <br />for the purchase of the park, <br />