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Cori M. Duffy, Chair <br />Lino Lakes Charter Commission <br />6256 Hollow Lane <br />Lino Lakes, MN 55014 <br />RE: Proposed City Charter Amendment <br />Dear Cori: <br />DELIVERED VIA MESSENGER <br />March 25, 2008 <br />As you know, on July 9, 2007 the City Council approved the first reading of an ordinance <br />amending Chapter 8 of the City Charter (referred to as the "2007 Council Amendment"). The <br />Council submitted that ordinance to the Charter Commission for review pursuant to <br />Minnesota Statutes, Section 410.12, subd. 5. Under the same statutory provision, the Charter <br />Commission subsequently submitted a substitute charter amendment (referred to as the <br />"Charter Commission Amendment") for Council consideration. <br />The Council carefully reviewed the Charter Commission Amendment, and compared it with <br />the existing City Charter, the 2007 Council Amendment, another amendment presented by an <br />individual citizen, as well as Minnesota Statutes, Chapter 429. After this deliberation, the <br />Council determined that the Charter Commission Amendment does not adequately address the <br />City's current needs with respect to the City Charter, and the 2007 Council Amendment could <br />be improved. Accordingly, the Council has determined to submit neither the 2007 Council <br />Amendment nor the Charter Commission Amendment to the voters. <br />Instead, on March 24, 2008 the Council approved the first reading of a new ordinance <br />amending Chapter 8 of the City Charter, a copy of which is enclosed (the "2008 Council <br />Amendment"). The 2008 Council Amendment is intended to supersede the 2007 Council <br />Amendment, and the Council hereby submits the new amendment for review and comment by <br />the Charter Commission in accordance with Minnesota Statutes, Section 410.12, subd. 5. <br />The only difference between the 2007 Council Amendment and the enclosed 2008 Council <br />Amendment is that the latter repeals Section 8.07 of the existing City Charter. Section 8.07 <br />currently establishes separate rules for the financing of improvements in three specified <br />geographical areas of the City. The Council has determined that, in light of other proposed <br />changes in Chapter 8 of the City Charter, the special provisions are no longer appropriate or <br />necessary. Moreover, elimination of the special provisions will reduce the interest cost on <br />City bonds issued to finance improvements located in whole or in part within the special areas <br />(by permitting bonds for such improvements to be issued on a tax-exempt basis, as in the case <br />of most City hnnds) The lower cost of City bonds will reduce the financial impact on <br />property owners assessed for these improvements, and on taxpayers as a whole. <br />600 Town Center Parkway, Lino Lakes, Minnesota 55014-1182 <br />Phone: 651-982-2400 • Fax: 651-982-2499 <br />