10-08-2014 Council Workshop Minutes

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MINUTES OF THE WORKSHOP MEETING CITY COUNCIL LITTLE CANADA, MINNESOTA OCTOBER 8, 2014 Pursuant to due call and notice thereof a workshop meeting of the City Council of Little Canada, Minnesota was convened on the 8th day of October, 2014 in the Council Chambers of the City Center located at 515 Little Canada Road in said City. Mayor Bill Blesener called the meeting to order at 6:30 p.m. and the following members of the City Council were present at roll call: CITY COUNCIL: Mayor Mr. Bill Blesener Council Member Ms. Shelly Boss Council Member Mr. John Keis Council Member Mr. Michael McGraw Council Member Mr. Rick Montour ALSO PRESENT: City Administrator Mr. Joel R. Hanson City Clerk Ms. Kathy Glanzer LITTLE The City Administrator reported that he and Council Members Keis CANADA and McGraw have been meeting with the Fire Department on the issue FIRE of Little Canada Fire Relief Benefits. He indicated that the goals of both RELIEF the City and the Fire Department are essentially the same. Those goals at FUNDING to provide for steady increases in the benefit level and not create volatility for the City in terms of taxpayer liability. The Administrator indicated that based on discussions with the Fire Department, it does not appear that the Relief Association is willing to consider a Defined Contribution Plan. The Administrator reported that progress has been made relative to the parameters of the current Defined Benefit Plan. The Administrator reported that at a recent meeting with the Fire Department, their Investment Advisor presented information relative to benefit increase scenarios taking into consideration various investment earning results. The Administrator presented that information to the Council. The Administrator reported that the current Fire Relief benefit level is $3,265 per year. The Fire Department would like regular inflationary increases. The City currently contributes $15,000 per year to the Fire Relief on a voluntary basis. A parameter that is being considered is to provide an inflationary increase to the City's voluntary contribution equal to the increase provided annually to City employees.