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ii. Identify potential funding sources, develop a financing <br />plan <br />b. Lead Parties: Community Development, Finance Staff <br />Key Contributors: Anoka County <br />Springsted Inc. <br />Kennedy & Graven <br />c. Funding Source: General Fund - CD Budget <br />3. Goal: Review and update the City Charter so that it reflects <br />and facilitates current and future needs of the city <br />a. Specific Performance Objectives to be completed during 2008 <br />(1) Objective: Pursue the Citizen's Task Force recommendation to <br />amend the City Charter and put the issue on the ballot for the <br />November 2008 election (Ongoing, Complete Fourth Quarter 2008) <br />a. Key Action Steps: <br />i. Prepare and approve first reading of ordinance to amend <br />the charter <br />ii. Submit to Charter Commission for review <br />Receive and consider review comments of Charter <br />Commission <br />iv. Adopt ordinance to amend the charter, approve question <br />for placement on November ballot <br />b. Lead Parties: Administration Department <br />Key Contributors: City Attorney <br />c. Funding Source: General Fund - Administration <br />STATUS: The first step, a technical review of the substitute amendment by bond <br />counsel, financial advisor and staff was initiated January 3, 2008 for a report to <br />be presented to Council on February 4, 2008. On March 3, Council directed staff <br />to modify the Task Force recommended /council ordinance amendment to <br />eliminate exempt zones and bring back for first reading of ordinance March 24, <br />2008, which was approved by Council. The ordinance was delivered to the <br />Charter Commission on March 25, 2008. The Charter Commission served the City <br />Clerk with a resolution, extending the review period to August 21, 2008, The <br />Charter Commission rejected the proposed amendment. <br />A petition for changing the charter to State Statute 429 for construction of public <br />improvements was presented to the city from Lino Lakes Citizens for Safer Roads <br />and discussed at a August 18, 2008 work session. The petition was found valid, <br />therefore, it is required that it be on the November ballot, On September 8, 2008 <br />6 <br />