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MINUTES OF THE WORKSHOP MEETING <br /> CITY COUNCIL <br /> LITTLE CANADA, MINNESOTA <br /> OCTOBER 14, 2009 <br /> Pursuant to due call and notice thereof a workshop meeting of the City <br /> Council of Little Canada, Minnesota was convened on the ] 4th day of <br /> October, 2009 in the Council Chambers of the City Center located at 515 <br /> Little Canada Road in said City. <br /> Mayor Bill Blesener called the meeting to order at 6:00 p.m. and the <br /> following members of the City Council were present at roll call: <br /> CITY COUNCIL: Mayor Mr. Bill Blesener <br /> Council Member Ms. Shelly Boss <br /> Council Member Mr. John Keis <br /> Council Member Mr. Mike McUraw <br /> Council Member Mr. Rick Montour <br /> ALSO PRESENT: City Administrator Mr. Joel R. Hanson <br /> Finance Director Ms. Shelly Rueckerf <br /> Cable "FV Producer Mr. Kevin Helander <br /> City Clerk Ms. Kathy Glanzer <br /> <br /> 2010 Mayor Blesener noted that the purpose of this evening's workshop <br /> PRELIMINARY meeting is to review the proposed Capital Budgets 2010 Preliminary <br /> BUDGET that are part of the 2010 Preliminary Budget. <br /> T'he Finance Director presented the Capital Funds in detail. She reported <br /> that the City has five Capital Funds, two of which are levy supported, two <br /> are supported through user fees, and one is supported through a gambling <br /> tax. <br /> The first Capital Fund reviewed was the hifiastructure Fund with the <br /> Finance Director noting that eight street projects are being considered for <br /> 2010. She noted that the 2009 streets program was an aggressive one that <br /> took advantage of lower construction costs, estimating that $600,000 was <br /> saved based on oil prices and past construction cost trends. The <br /> Infrastructure Pund continues this aggressive schedule through 2014. The <br /> Director reviewed reoccurring revenues that supporC road improvements <br /> estimating $650,700 in these revenues for 2010. Assuming an assessment <br /> rate of 35% of cost, this level of revenues would fund road improvements <br /> of approximately $1 million annually. The Director noted that mill and <br /> overlay projects and commercial properties have a higher assessment rate <br /> than reconstruction projects and residential properties. The Director felt <br /> the street schedule through 2014 was doable; the only caveat would be any <br /> future impacts to the City as a result of a State budget deficit. That could <br /> <br />