04/05/1999 Park Board Packet - Laserfiche WebLink

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COUNCIL MINUTES JANUARY 11, 1999 Mr. Hawkins noted there is no conflict of interest for investors in or employees of any institution who also serve on a Lino Lakes board or group. Council Member Lyden moved to approve the official depositories listed as submitted. Council Member Neal seconded the motion. Mayor Sullivan noted an exception is being made within the Finance Policy regarding Lino Lakes State Bank. The motion passed unanimously. Consideration of Requests for Proposals (RFP)for City Auditor- Staff was instructed to prepare a RFP for auditing services and send them to area auditing 1 (6) RFP's were received. Staff is recommending the firm of Larson,Allen Weish ' Com y be appointed the City Auditor. The Larson Allen Government Group include o CPA's,has experience with more than 100 local government units and w e ed company. Staff is recommending a three(3)year contract at a total cost of 0. uncil requested Larson, Allen Weishair& Co. provide a brief Executive R rt ch completed audit. Council Member Bergeson moved to enter into a c arson,Allen Weishair& Company for auditing services. Council Mem on ed the motion. Motion carried unanimously. Consideration of Resolution No. 99 orizmg the Issuance of the 1999 Certificates of Indebtedness-The 1999 budge seance of Certificates of Indebtedness in the amount of$307,570 to be used ur of capital equipment. A special Levy will pay for the certificates in the years 2001 and 2002. Funds from the Area and Unit Fund will be used to finance the cert'" evy receipts will be receipted into the Area and Unit Fund. Staff recommen Co. it ap ove the issuance of the 1999 Certificates of Indebtedness. Council Member L to approve the issuance of the 1999 Certificates of Indebtedness, as presented. Counc ember Neal seconded the motion. Motion carried unanimously. Resolution No. 99 - 01 can be found at the end of these minutes. Consideration of Resolution No. 99 - 04,Adopting the 1999 Recreation Fund Budget-The Recreation Fund is a Special Revenue Fund. This type of fund should have an adopted annual budget for audit purposes. This was a recommendation in the 1995 audit management report from Tautges, Redpath Inc. The budget is divided into various adult and youth programs. Council Member Neal moved to adopt Resolution No. 99 - 04, as presented. Council Member Dahl seconded the motion. Motion carried unanimously. Resolution No. 99-04 can be found at the end of these minutes. 4