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JUN -08 -1998 21:18 CITY OF LINO LAKES <br />AGENDA <br />3. Centennial Fire District <br />a. May Expenses <br />b. June Expenses <br />2. Open Mike <br />612 464 4568 P.02/05 <br />A. Rosemary Storberg, Lake Drive explained the accident she had in the <br />parking lot of the 49 Club and how she tried to get a letter of apology <br />from the owners. She explained that the owners do not live in <br />Minnesota and maybe would be more accountable if a requirement of <br />the license is that the owners live in Lino Lakes.) <br />B. Tim Fried, 6559 Pheasant Run thanked the Council for approving <br />new playground equipment for some of the City parks, especially <br />Birch Park. He noted that there are many at home day care facilities <br />in that area who do use the park. <br />3. Finance Department Report, Mary Vaske <br />A. Consideration of Resolution No. 98 - 79, Amending Resolution <br />No. 97 - 140 and Resolution No. 97 - 141 (Approved, this was a house <br />keeping item.) <br />B. Consideration of Resolution. No. 98 - 80, Approving Annual Transfers for <br />Rice Industries from Tax Increment (Approved, the transfer pays the <br />annual assessment for this business.) <br />C. Approval of Springsted, Inc. to Perform Arbitrage and Rebate Monitoring <br />Services for the 1998A Lease Revenue Bonds and 1998A and 1998E <br />G. 0. Improvement Bonds (Approved, arbitrage is required when <br />bonds in the excess of $5,000,000 are sold.) <br />D. Approval of Springsted, Inc. to Perform Continuing Disclosure Services <br />for the 1998A Lease Revenue Bonds and 1998A and 1998B G.O. <br />Improvement Bonds (Approved, Springsted, Inc. performs this service <br />for other City bond issues.) <br />4. Community Development Report, Brian Wessel/Mary Kay Wyland <br />A. Consideration of Final Plat, Behm's Century Farms, 4th Addition <br />Final Plat (Approved, Council Member Lyden voted no.) <br />PAGE 2 <br />